Financial Times FT.com

Safe signals from Buffett’s train deal

By John Gapper

Published: November 4 2009 20:01 | Last updated: November 4 2009 20:01

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In the annals of double-edged compliments, Warren Buffett’s description of his planned $27bn acquisition of Burlington Northern Santa Fe as an “all-in wager on the economic future of the US” ranks highly. If the best expression of the future of the US economy is a railway operator dating back to the mid-1800s, then growth investors might be advised to look instead to China, India or Brazil.

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